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to suit the euro but also to suit all of us as well. make the argument for a flexible, competitive euro, take the british people with you. >> south africa is looking at newark power for its future nuclear ended -- at nuclear power for its future and nuclear energy needs. >> the corzine were the original inhabitants of southern africa. for at least 2000 years, the hunted, herded, and gathered on the land and the sea. skeletons in the sand and evidence of what and where they ate. >> maybe they ate the food out of the jars. >> the land was seized by colonialists. under apartheid, their identity was further fracturing the proposal to build a nuclear power station here is unacceptable. >> they take our land. they are ready to take our identity away from us. everything we have got, they take away from us. now what is left for us is only -- >> these artifacts were all collected here. she and her husband, a traditional healer, are trying to preserve a culture they say is not respected. they do not have former first reform of first nation indigenous that as yet. -- they do not have formal first
with the euro crisis, then you have something that is a shock that would not be systemic become systemic and threaten the entire system. the only thing that is truly liquid is cash. the vast majority of us banks today -- u.s. banks today and european banks would already be compliant with these rules. i would go as far as to say that bear stearns would have in compliance with these rules, for instance. , what about taking a chance on the lottery? it has paid off for a couple of people in spain. winning ticket holders have seized more than $1 billion in the national lottery. they have been celebrating their luck. the top ticket was around $260,000. new austerity measures mean they will pay 20% income tax on their winnings. >> great, great, now i'm fine. i was very nervous a while ago, but now i finally believe it. , i have three sons and they are unemployed, so i will help them. this will make me happy, to be able to help my dearest ones. >> i'm very excited because i really needed this. now that i have one, i am very lucky. , orthodox christians are celebrating christmas. they gathered in
countries of the euro zone hit a record high in november according to figures released under an hour ago. nearly 12% of 330 million people in 17 countries were unemployed. that means 19 million people are jobless. 2 million people at the same tired year ago. the european economy has been struggling with huge debts in the aftermath of the global banking crisis. rebels in northern myanmar say the army is continuing its air and ground assault against them. we have obtained these pictures of the fighting. the military reportedly attacked hilltop positions belonging to the independence army on monday. the only ethnic minority group that has not reached a truce with the government. the chinese government is reportedly looking to stop using controversial labor camps that critics say violate fundamental rights. the system has been used for years to silence political opponents. it allows chinese authorities to keep citizens locked up for years without charge or trial. now this report. >> with word of what could be a momentous decision, this man, supported by his wife, slipped away from authoritie
, problems are being addressed. mario groggy vowed to underwrite the euro, whatever it takes -- mario draghi. the esm is up and running with the far wall and there is a move toward banking union. yet across europe, forecasters see little sign of an economic fall. nine of the 17 states will fill the chilling effects of recession. even here in germany, prospects for growth look pretty frigid. elsewhere, it will be much worse. unemployment is growing with all the anger and desperation it brings. in italy, they are taking a plunge, too. a wobbly economy further threatened by elections in february and the prospect of an unlikely political comeback. here in the u.k. there are still fondly remembering the specter of the queen's jubilee and they successfully stage olympics. but good economic news is hard to find. >> there is really nothing much on the horizon that makes you feel optimistic. it will be a sort of groundhog year for the u.k. economy, much the same as 2012. >> many saw 2012 as being the year european currency unraveled. in 2013, they will struggle with political and social cuts of auste
? >> a lot of things have changed. it has affected the move in davos. a year ago, skepticism about the euro. today, people are happy with what they see. things have improved. there are reasons for that. it is not just a mood swing. there are a least cordial good reasons -- four good reasons. the countries in the south have made real adjustments. exports are growing. the fiscal deficits are getting smaller. that is adjustment of the national level nationthat is necessary. we have much tougher rules on how to coordinate our government policies. there was criticism about the design of the union in europe that monetary policies are the centralized. achilleas if we have coordination. that is better now that used to be. -- that can only work if we have coordination. that is much better now the is to be paid capital has gone up for most banks. we're supporting countries through the imf. there is restructuring in greece and portugal. we have a special program in spain. we have closed some situational gaps in the design of the union. we created the bailout fund. they are doing more things about omt.
Search Results 0 to 4 of about 5

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